2024 Revenue
$3M
Customers
10
Funding
$5.5M
YOY
65.9%
Avg ACV
$296.5K
Team
29
Founded
2015
How Burstiq CEO Frank Ricotta grew to $3M revenue and 10 customers in 2024.
BurstIQ's platform and ecosystem will enable a coming transformation in the healthcare space
Last updated
Burstiq Revenue
In 2024, Burstiq's revenue reached $3M. The company previously reported $1.8M in 2023. Since its launch in 2015, Burstiq has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | Burstiq Hit $3m revenue in October 2024 | |
| 2023 | Burstiq Hit $1.8m revenue in December 2023 | |
| 2016 | Burstiq Hit $900k revenue in June 2016 | |
| 2015 | Launched with $0 revenue |
Burstiq Valuation, Funding Rounds
Burstiq has not publicly disclosed its valuation. The company has raised $5.5M in total funding to date.
Burstiq has raised $5.5M in total funding across 1 round, with its most recent round in 2019.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2019 | Funding round | $5.5M | - | - |
Founder / CEO
Frank Ricotta
CEO
Frank is an accomplished CEO and Impact Entrepreneur with 30+ years of experience. He is the CEO and co-founder of BurstIQ, a health-focused global network that connects businesses and people through the power of blockchain. The company’s big data blockchain platform enables true individual ownership and control of health data, sovereign identity services, granular permission-based data sharing and multi-dimensional regulatory governance frameworks. BurstIQ is the first blockchain company to deploy a HIPAA- and GDPR-compliant blockchain solution at enterprise scale, the first blockchain company to be listed as a preferred partner with the International Trade Association, and the first blockchain company to be accepted into the UN Global Compact. Frank’s career achievements span multiple industries, including Defense, Health Care, Cyber Security, AI, and Finance. He holds numerous patents in fields of cyber security and machine intelligence. Frank served in the U.S. Air Force and holds a B.S. in Computer Science from the United States Air Force Academy and a MBA from St. Mary’s University.
Q&A
| Question | Answer |
|---|---|
| What's your age? | 53 |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
Burstiq serves 10 customers.
Burstiq Employees & Team Size
Burstiq employs approximately 29 people as of 2026, down from 32 in 2023. It serves 10 customers that rely on its solutions.
| Year | Milestone |
|---|---|
| 2024 | Reached 29 employees (October 2024) |
| 2023 | Reached 32 employees (December 2023) |
| 2022 | Reached 29 employees (December 2022) |
| 2021 | Reached 33 employees (December 2021) |
| 2020 | Reached 29 employees (December 2020) |
| 2020 | Reached 30 employees (June 2020) |
| 2019 | Reached 23 employees (December 2019) |
| 2018 | Reached 20 employees (December 2018) |
| 2016 | Reached 5 employees (June 2016) |
Frequently Asked Questions about Burstiq
What is Burstiq's revenue?
Burstiq generates an estimated $3M in annual revenue.
Who founded Burstiq?
Burstiq was founded by Frank Ricotta.
Who is the CEO of Burstiq?
The CEO of Burstiq is Frank Ricotta.
How much funding does Burstiq have?
Burstiq raised $5.5M across 1 round.
How many employees does Burstiq have?
Burstiq has 29 employees.
Where is Burstiq headquarters?
Burstiq is headquartered in Englewood, Colorado, United States.
Compare Burstiq to the industry
Burstiq operates across multiple industries. Browse revenue, funding, and growth data for Burstiq in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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